Demand for Smaller and Faster Electronic Gadgets Triggers Dramatic Growth for Static-Free Flooring Supplier
WATERTOWN, MA.-- Staticworx Inc., North America’s leading producer of comprehensive flooring products and services, protecting worksites with static-free flooring solutions, today announced it has been named to the Inc. Magazine 500/5000 list of the fastest-growing privately held companies in the United States.
Staticworx was ranked among the top 1,000 fastest-growing companies overall and was number 14 among all manufacturers on the list.
From December 31, 2006 to December 31, 2009, Staticworx reported a three-year aggregate revenue growth rate of 315%.
Staticworx President David Long said the company has benefited from the miniaturization of electronic gadgets trend, which in many cases has forced electronics manufacturers to remove on-circuit protection against electric shock to make room for more computing power. “In order to make devices do the things they are capable of doing, they’ve had to make a compromise,” Long said. “In stripping out that protection, it now takes less energy to zap them than ever before. In many cases, companies cannot produce or use state-of-the art electronic products without fault-tolerant, static-free flooring.”